Transfer a portion of ending fund balance into the coal trust fund
This bill requires Montana to transfer 10% of excess state general fund revenue to the Montana Coal Severance Tax Permanent Fund after other specified budget transfers are completed. It modifies existing budget rules by directing this specific portion of unspent funds - calculated as 10% of amounts exceeding established reserve levels - to the coal tax fund, rather than other designated accounts. The transfer applies to funds remaining after the state meets its operating reserve level and other required transfers to the budget stabilization fund and capital projects account. This policy change affects how Montana manages its state budget surplus, specifically directing a portion of excess revenue toward the coal severance fund established under state law.
Bill status
introduced
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 15, 2025
Last action Jan 15, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
0
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about LC 4312
Scope: MT
Hi! I can help you understand LC 4312. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline